this seems like a good mix of goodies..
a new entry level dslr, just like i, and many others speculated.
55mm 1.4 sdm looks like a good thing, to take k*0D and go shooting portraits in the rain .. and 1.4x rear teleconverter.. as i understand it multiplies focal lenght by 1.4x so my 300mm will become 420mm?
and it will work with all my lenses? that's an amazing thing!!
does anyone know, will it compromise on the picture quality?

it seems, like pentax will conquer the china market! get some good profit, and invest into R&D department.. then, make new superb aps-c dslr - K30D and continue to develop and gather resources on creatiing ff..!